Trump signs order to allow sanctions for US election meddling September 12, 2018 President Donald Trump has signed an executive order to allow sanctions for US election meddling. Read more: JP Morgan boss Jamie Dimon claims he could beat Trump in an election The order is intended to protect the United States from interference in elections by setting out a process to punish foreign governments or individuals that attempt [...]
Trump signs order to allow sanctions for US election meddling September 12, 2018 President Donald Trump has signed an executive order to allow sanctions for US election meddling. Read more: JP Morgan boss Jamie Dimon claims he could beat Trump in an election The order is intended to protect the United States from interference in elections by setting out a process to punish foreign governments or individuals that attempt [...]
Perella Weinberg partners take home slice of £16m profit September 12, 2018 Bankers at M&A advisory firm Perella Weinberg took home a slice of £16m profit last year. Operating profit for last year was £16.4m, almost double the £8.4m reported in 2016, and was divided between eight partners working for the investment bank in the City. Read more: Profits bounce back at Galliford Try but bypass woes loom The highest paid [...]
Perella Weinberg partners take home slice of £16m profit September 12, 2018 Bankers at M&A advisory firm Perella Weinberg took home a slice of £16m profit last year. Operating profit for last year was £16.4m, almost double the £8.4m reported in 2016, and was divided between eight partners working for the investment bank in the City. Read more: Profits bounce back at Galliford Try but bypass woes loom The highest paid [...]
John Laing environmental fund to raise up to £100m through share issue September 12, 2018 Infrastructure investment group John Laing is raising up to £100m for its environmental assets fund in order to target further diversification. Recent acquisitions of three anaerobic digestion projects, which now represent 17 per cent of the fund's portfolio, were made using the company's revolving credit facility which is now "substantially drawn down." Read more: John [...]
John Laing environmental fund to raise up to £100m through share issue September 12, 2018 Infrastructure investment group John Laing is raising up to £100m for its environmental assets fund in order to target further diversification. Recent acquisitions of three anaerobic digestion projects, which now represent 17 per cent of the fund's portfolio, were made using the company's revolving credit facility which is now "substantially drawn down." Read more: John [...]
Carlyle Group to buy insurance service Sedgwick for £5.1bn September 12, 2018 Private equity firm The Carlyle Group has acquired US insurance claims service provider Sedgwick for $6.7bn (£5.1bn). Current majority shareholder KKR will exit the group and Stone Point Capital, CDPQ and Sedgwick management will remain minority shareholders when the deal coses later this year. Read more: Plastic packaging giant RPC confirms buyout talks with Apollo and Bain [...]
Carlyle Group to buy insurance service Sedgwick for £5.1bn September 12, 2018 Private equity firm The Carlyle Group has acquired US insurance claims service provider Sedgwick for $6.7bn (£5.1bn). Current majority shareholder KKR will exit the group and Stone Point Capital, CDPQ and Sedgwick management will remain minority shareholders when the deal coses later this year. Read more: Plastic packaging giant RPC confirms buyout talks with Apollo and Bain [...]
Rolls-Royce shares drop after engine shut down forces emergency landing September 12, 2018 Shares in Rolls-Royce dipped by more than four per cent this morning following an engine failure that forced a pilot to carry out an emergency landing on an flight from New York to Madrid. The engine manufacturer said Iberia Airlines flight 6252 landed safely at Boston Logan airport after the pilot had to abandon the trip around 90 minutes after [...]
Plus-size retailer N Brown Group announces departure of chief executive Angela Spindler September 12, 2018 Digital fashion retailer N Brown Group has announced chief executive Angela Spindler will step down at the end of the month. Current chief executive officer of the financial business, Steve Johnson, will step into the job until a permanent replacement is found. The online outlet, which stocks plus-size brands such as Simply Be and Jacamo, [...]
